THOMAS GUIOT: what changed
THOMAS GUIOT
Largest movements
- Cash -€35,150
down €35,150 (-67.5%), from €52,088 to €16,938
mainly Other debts (-€30,759) and Receivables within one year (-€25,232)
- Receivables within one year +€25,232
up €25,232 (+467%), from €5,399 to €30,631
of which Other amounts receivable: +€22,154
- Tangible fixed assets +€15,616
up €15,616 (+937%), from €1,666 to €17,282
of which Furniture and vehicles: +€14,001
- Other debts -€30,759
down €30,759 (-86.8%), from €35,451 to €4,692
- Reserves +€15,000
up €15,000 (+150%), from €10,000 to €25,000
- Debts after one year +€11,564
new in 2025: €11,564
- Profit (loss) carried forward +€4,444
up €4,444 (+141%), from €3,153 to €7,597
- Tax, wage and social debts +€3,054
up €3,054 (+64.0%), from €4,771 to €7,825
of which Taxes: +€3,002
- Gross operating margin +€27,612
up €27,612 (+331%), from €8,339 to €35,951
- Taxes +€6,140
up €6,140 (+952%), from €645 to €6,785
- Other operating charges +€2,251
up €2,251 (+568%), from €396 to €2,647
- Depreciation +€1,893
up €1,893 (+329%), from €575 to €2,468
- Financial charges +€491
up €491 (+416%), from €118 to €609
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €59,153 | €64,851 | +€5,698 | +9.6% |
| Fixed assets | 21/28 | €1,666 | €17,282 | +€15,616 | +937% |
| Tangible fixed assets | 22/27 | €1,666 | €17,282 | +€15,616 | +937% |
| Land and buildings | 22 | €651 | €651 | = | 0.0% |
| Plant, machinery and equipment | 23 | - | €1,615 | +€1,615 | |
| Furniture and vehicles | 24 | €1,015 | €15,016 | +€14,001 | +1,379% |
| Current assets | 29/58 | €57,487 | €47,569 | -€9,918 | -17.3% |
| Amounts receivable within one year | 40/41 | €5,399 | €30,631 | +€25,232 | +467% |
| Trade receivables | 40 | €1,118 | €4,196 | +€3,078 | +275% |
| Other amounts receivable | 41 | €4,281 | €26,435 | +€22,154 | +517% |
| Cash at bank and in hand | 54/58 | €52,088 | €16,938 | -€35,150 | -67.5% |
| Total equity and liabilities | 10/49 | €59,153 | €64,851 | +€5,698 | +9.6% |
| Equity | 10/15 | €16,153 | €35,597 | +€19,444 | +120% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €10,000 | €25,000 | +€15,000 | +150% |
| Distributable reserves | 133 | €10,000 | €25,000 | +€15,000 | +150% |
| Profit (loss) carried forward | 14 | €3,153 | €7,597 | +€4,444 | +141% |
| Amounts payable | 17/49 | €43,000 | €29,254 | -€13,746 | -32.0% |
| Amounts payable after more than one year | 17 | - | €11,564 | +€11,564 | |
| Financial debts | 170/4 | - | €11,564 | +€11,564 | |
| Amounts payable within one year | 42/48 | €43,000 | €17,690 | -€25,310 | -58.9% |
| Current portion of amounts payable after more than one year | 42 | - | €2,990 | +€2,990 | |
| Trade debts | 44 | €2,778 | €1,083 | -€1,695 | -61.0% |
| Suppliers | 440/4 | €2,778 | €1,083 | -€1,695 | -61.0% |
| Advances received on contracts in progress | 46 | - | €1,100 | +€1,100 | |
| Taxes, remuneration and social security | 45 | €4,771 | €7,825 | +€3,054 | +64.0% |
| Taxes | 450/3 | €4,771 | €7,773 | +€3,002 | +62.9% |
| Remuneration and social security | 454/9 | - | €52 | +€52 | |
| Other amounts payable | 47/48 | €35,451 | €4,692 | -€30,759 | -86.8% |
| Non-recurring operating income | 76A | - | €4,164 | +€4,164 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €575 | €2,468 | +€1,893 | +329% |
| Other operating charges | 640/8 | €396 | €2,647 | +€2,251 | +568% |
| Gross operating margin | 9900 | €8,339 | €35,951 | +€27,612 | +331% |
| Operating profit (loss) | 9901 | €7,368 | €30,836 | +€23,468 | +319% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €118 | €609 | +€491 | +416% |
| Recurring financial charges | 65 | €118 | €609 | +€491 | +416% |
| Profit (loss) for the period before taxes | 9903 | €7,250 | €30,229 | +€22,979 | +317% |
| Income taxes | 67/77 | €645 | €6,785 | +€6,140 | +952% |
| Profit (loss) for the period | 9904 | €6,605 | €23,444 | +€16,839 | +255% |
| Profit (loss) for the period to be appropriated | 9905 | €6,605 | €23,444 | +€16,839 | +255% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.